pls don't kill me, but I've failed to figure this out on my own for the last hour. So I've just voted for 10 delegates which are now sitting under "my votes". Do I have to send them additional SHIFT in order for the staking to work? If so, how much? Is the share payout at the end of each month?
Sorry for all the noob questions, but it's my first time staking, heh.
Hi,
you dont have to send any shifts to the delegates. take a look at this site please: https://dpostools.com/SHIFT there you can see which delegates share their forged shifts; how much percent, how often and whats the minimum amount.
it all depends how much shifts are in your voting wallet. on dpostools you can calculate the rewards.
If you have around 10000 Shifts in your wallet, your reward from all active pools is around 50 (~200$) shifts per month.
best regards
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][SHIFT] The new web | IPFS ready on testnet+IPFS gateway! Come in and play!
by
mavnezz
on 18/07/2017, 12:30:38 UTC
am i wrong, or is this thread shorter as before? i think i saw 256 pages this morning, and 257 last weekend?
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][SHIFT] The new web | IPFS ready on testnet+IPFS gateway! Come in and play!
Anyone have a list of percentages of what each pool shares if voting for them? I can't seem to find anything when searching through this thread and the official pool gives no indication of what % they share with voters. Also, if voting for multiple delegates, does it divide and distribute the voting weight of your balance by how many you select to vote for? Thanks.
there is no list for pool payouts. but you can vote for all pools/delegates as you want, your vote weight isn't changed by that. your vote weight is allways the same per delegate.
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN][SHIFT] The new web | IPFS ready on testnet+IPFS gateway! Come in and play!
Do i have to leave my PC online and open wallet or how does it work
No, create your own wallet at https://wallet.shiftnrg.org, save your passphrase, send your shift coins from bittrex or whatever to your wallet adress and vote for delegates. please add 2nd. passphase (2fa) to your wallet for best security measures. make sure you dont lose your phrases, otherwise you wont be able to login to your wallet and your coins are lost.
best regards
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][SHIFT] The new web | IPFS ready on testnet+IPFS gateway! Come in and play!
how much would i get with let's say 2000 Shift. Is it even worth it? I plan on keeping long term(Years)
If it's as you said -> approximately 0.1 Shift per 10k Shift daily, then i'd get around 0.02 SHIFT daily, so 0.6SHIFT/month.. not that much xD
Also, there are arround 12 (or more, idk) other delegates that act as pools and share their rewards.So that grows to arround 7 shift per month (if they have the same payout %) and you can vote with 1 shift for 33 delagates.
so i'd get actually around 7.6 SHIFT per month? That's not bad, like 11$ per month is good. I will have to burn 60 SHIFT just to begin staking though?
no, you have to spend 60 shift only for delegate registration. to earn shifts you need a wallet and vote the pools, no delegate registration needed.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][SHIFT] The new web | IPFS ready on testnet+IPFS gateway! Come in and play!
i installed a virtual machine on my private network with shift installed. i only login there. otherwise you could use the official wallet https://wallet.shiftnrg.org and create and wallet there. if you will have stored some shift in your account, don't forget to create a 2nd passphrase for your account. it's more secure than leave your amount on bittrex and you can vote some delegates and delegate pools, from where you can earn some shift every day. the amount you get depends on how much shift you have. the more shift you have, the more powerful is your vote. for example, if you have ~100k you will get ~1 shift per day from a pool.
best regards
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][SHIFT] The new web | IPFS ready on testnet+IPFS gateway! Come in and play!
take a look for the transactions and the past payouts to voting accounts. rexy_voting (126,232.34084041 SHIFT) got 1.36909408 SHIFT yeasterday. if i calculated right, you get with 10000 shift 0.1084 shift per day.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][SHIFT] The new web | IPFS ready on testnet+IPFS gateway! Come in and play!
i installed a virtual machine on my private network with shift installed. i only login there. otherwise you could use the official wallet https://wallet.shiftnrg.org and create and wallet there. if you will have stored some shift in your account, don't forget to create a 2nd passphrase for your account. it's more secure than leave your amount on bittrex and you can vote some delegates and delegate pools, from where you can earn some shift every day. the amount you get depends on how much shift you have. the more shift you have, the more powerful is your vote. for example, if you have ~100k you will get ~1 shift per day from a pool.
best regards
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][SHIFT] The new web | IPFS ready on testnet+IPFS gateway! Come in and play!